29,313 Shares in Hawaiian Holdings, Inc. (NASDAQ:HA) Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in Hawaiian Holdings, Inc. (NASDAQ:HA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 29,313 shares of the transportation company’s stock, valued at approximately $416,000. Wolverine Asset Management LLC owned about 0.06% of Hawaiian as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. CWM LLC grew its stake in shares of Hawaiian by 97.2% in the fourth quarter. CWM LLC now owns 7,984 shares of the transportation company’s stock worth $113,000 after purchasing an additional 3,936 shares during the last quarter. First Hawaiian Bank lifted its holdings in Hawaiian by 28.6% in the fourth quarter. First Hawaiian Bank now owns 18,000 shares of the transportation company’s stock valued at $256,000 after buying an additional 4,000 shares during the period. Brandywine Global Investment Management LLC lifted its holdings in Hawaiian by 1.9% in the third quarter. Brandywine Global Investment Management LLC now owns 233,364 shares of the transportation company’s stock valued at $1,477,000 after buying an additional 4,400 shares during the period. CVA Family Office LLC acquired a new position in Hawaiian in the fourth quarter valued at $79,000. Finally, New York State Common Retirement Fund lifted its holdings in Hawaiian by 51.4% in the fourth quarter. New York State Common Retirement Fund now owns 23,372 shares of the transportation company’s stock valued at $332,000 after buying an additional 7,931 shares during the period. Institutional investors own 70.15% of the company’s stock.

Analyst Ratings Changes

Separately, Susquehanna dropped their target price on shares of Hawaiian from $15.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday.

Hawaiian Trading Up 1.2 %

HA stock opened at $12.27 on Friday. The company’s fifty day simple moving average is $13.50 and its 200 day simple moving average is $11.19. Hawaiian Holdings, Inc. has a 12-month low of $3.70 and a 12-month high of $14.89. The company has a debt-to-equity ratio of 16.74, a quick ratio of 1.02 and a current ratio of 0.89.

Hawaiian (NASDAQ:HA) last announced its quarterly earnings data on Tuesday, April 23rd. The transportation company reported ($2.77) earnings per share for the quarter, missing the consensus estimate of ($2.75) by ($0.02). Hawaiian had a negative net margin of 10.90% and a negative return on equity of 301.69%. The company had revenue of $645.57 million for the quarter, compared to analyst estimates of $629.24 million. During the same quarter in the prior year, the company posted ($2.17) EPS. Hawaiian’s revenue for the quarter was up 5.4% on a year-over-year basis. As a group, research analysts predict that Hawaiian Holdings, Inc. will post -4.4 EPS for the current fiscal year.

Hawaiian Profile

Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. It provides daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Ontario, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; New York City, New York; Austin, Texas; and Boston, Massachusetts.